Canadian National Railway’s (CN) chief financial officer Luc Jobin will become its chief executive on July 1, as incumbent CEO Claude Mongeau steps down for health reasons. Mongeau announced Tuesday he will resign as CN’s CEO at the end of June, after leading the railway company for six and a half years. “I was filled […] Read more
CN promotes CFO as CEO resigns
Cool conditions see slow emergence, seeding nears completion
Alberta crop conditions as of May 31
Reading Time: < 1 minute Cool conditions prevailed over the week. Precipitation was reported in all regions in the amount of 10 – 20 mm with the North East Region receiving between 30 – 50 mm. Seeding progress is nearing completion at 97 per cent seeded compared to last year at 99 per cent, the 5 year average of 96 […] Read more
Widely greeted rainfall delays seeding progress
Alberta crop conditions as of May 24
Reading Time: 2 minutes While wet conditions due to rainfall this past long weekend delayed seeding progress and cold damp weather slowed crop development, the much needed rain was welcome across the province. The moisture has been good for all crop, hay and pasture fields. Crops that haven’t germinated as yet, now have the moisture to get a good […] Read more
Window open wider for comment on CGC licensing moves
Facing “requests from stakeholders,” the Canadian Grain Commission has granted them a 12-week extension on its deadline for comments on plans to license feed mills, producer car loading sites and grain agents. The deadline, previously June 3, is now Aug. 31, the commission said in a release Friday. Input is being sought from producer railway […] Read more
How to get a handle on farmland prices
Farm Credit Canada tracks percentage changes across the country, while Alberta Agriculture looks at dollar values in municipalities
Reading Time: 2 minutes Farm Credit Canada’s recently released Farm Land Value Report and a database created by Alberta Agriculture can go a long way to helping producers establish a land value, says a provincial farm business specialist. “According to the new FCC report, Alberta’s change in farmland values was 11.6 per cent which was 1.5 per cent higher […] Read more
Uncertain times prompt growers to take out more insurance
Reading Time: 3 minutes It’s an uncertain world out there, especially in farming — and that has more Alberta producers taking out crop insurance. “We’re seeing more acres being insured by Alberta producers on crops — last year we were close to about 78 per cent of acres insured,” said Merle Jacobson, acting president of the Agricultural Financial Services […] Read more
Guenther: Seeding in home stretch for dry NW Saskatchewan
Seeding is drawing to a close in northwestern Saskatchewan, largely due to warm, dry weather this month. On average, seeding in the northwest was over half done early in the week, according to the latest Saskatchewan Crop Report. Provincially, farmers are 51 per cent done, putting them miles ahead of the five-year average of 28 […] Read more
Warm spring weather seeding interrupted by frost
Alberta crop conditions as of May 17
Reading Time: < 1 minute Alberta Agriculture and Forestry – Unusually warm spring weather was interrupted by a brief frost which descended across most of the province, with the coldest temperatures occurring on May 13, 2016. Generally, the irrigated crops are looking good, dry land crops are in need of moisture and pasture and tame hay are under stress due […] Read more
U.S. holding company offers to buy grain handler Andersons
Reuters — HC2 Holdings Inc., a company run by former hedge fund manager Philip Falcone, said on Tuesday it has made a bid to buy U.S. grain handler Andersons Inc for about US$1 billion in cash. Andersons is not looking to be acquired, the company’s new CEO told Reuters a day earlier. “As a public […] Read more
Richardson books record port handle during expansion
Prairie grain firm Richardson International has wrapped up construction of a major new expansion at its Port Metro Vancouver export terminal and reported a record grain handle for the year while doing so. The Winnipeg company on Tuesday reported its North Vancouver terminal shipped 5.2 million tonnes of grain and oilseeds in 2015, which it […] Read more
Cyber-Savvy Farmer
